China sets growth target of "around 5%" as it reels from Trump tariffs

A key meeting has begun to revive China's lagging economy, which is now facing a trade war with the US.

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Its leaders unveiled the plan as thousands of delegates attend the National People's Congress, a rubber-stamp parliament, which passes decisions already made behind closed doors.

But the week-long gathering is closely watched for clues on Beijing's policy changes - and this year is more significant than most.

President Xi Jinping had already been battling persistently low consumption, a property crisis and unemployment, before Donald Trump's new 10% levy on Chinese imports came into effect on Tuesday.

This follows the 10% tariff imposed in early February, taking the total US levy to 20%. And it hits what has been a rare bright spot for the Chinese economy: exports.

https://www.bbc.com/news/articles/c8x4vj8rj9wo


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